OPEN-SOURCE SCRIPT
Adoptive Supertrend - Pivots
Another experiment with Supertrend by making use of pivot point high/lows.
Trailing Stop types used in this indicator are:
Trailing Stop types used in this indicator are:
- ATR - plain ATR based supertrend
- Breakout - ATR based supertrend combined with breakout. (Trailing triggered only if price change is higher than HighPriceChange multiplier times ATR.
- Pivot Points - Trail only when new pivots created. Pivot stop multiplier is used below pivot low.
- Combined - Combine everything together
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.